Tiger Global-backed Pento acquired, we go hands-on with the Apple Vision Pro, and close to €5B was invested in European tech this week

This week our research tracked more than 65 tech funding deals worth over €4.9 billion, and around 10 exits, M&A transactions, rumours, and related news stories across Europe.
Tiger Global-backed Pento acquired, we go hands-on with the Apple Vision Pro, and close to €5B was invested in European tech this week

This week our research tracked more than 65 tech funding deals worth over €4.9 billion, and around 10 exits, M&A transactions, rumours, and related news stories across Europe.

In addition to this week's top financials, we've also indexed the most important/industry-related news items you need to know about.

If email is more your thing, you can always subscribe to our newsletter and receive a more robust version of this round-up delivered to your inbox.

Either way, let's get you up to speed.


💸 Notable and big funding rounds

🇫🇷 ACC bags €4.4B to construct three gigafactories for lithium-ion battery cell production

🇨🇿 Omnetic raises €100M from Kartesia and CVI

🇳🇱 Renewable chemistry firm Avantium secures €70M to launch FDCA plant in the Netherlands


🫱🏽‍🫲🏻 Noteworthy acquisitions and mergers

🇩🇰 Tiger Global-backed Pento acquired by Israeli HR platform HiBob

🇫🇷 Deskbird acquires french company Hubtobee

🇬🇧 Signal AI acquires risk data firm Social 360


🚀 Interesting moves from investors

🇨🇭 Swiss VC fund Founderful nears 70 per cent capacity with $85M raised

🇩🇪 Healthcare sector attracts increased interest: Earlybird Health's new €173M fund

🇫🇮 “Never too late and never too early” to launch a startup, says founder of one of Finland’s biggest fintechs

🇺🇸 Peter Thiel’s Founders Fund made $200M crypto investment before bull run

🇵🇱 Poland’s Full Speed Ventures launches a new €50M tech fund


🗞️ In other (important) news

🇪🇺 Google launches AI Opportunity Initiative for Europe; announces €25M funding to support AI skills development

🇪🇺 Apple won’t be forced to open iMessage to rivals, EU decides, as it also lets three Microsoft services off DMA hook

🇪🇺 EU gig workers rule opposed by industry faces key vote

🇪🇺 EU mulls easing merger rules for telecoms, Big Tech to help pay network costs

🇺🇸 SVB is in hiring mode to defend its turf a year after collapse


📡 Recommended reads and listens

🇩🇪 This VC firm wants to fund the best night of your life

🇺🇸 Hands-on with the Apple Vision Pro

🇬🇧 Future data centres may have built-in nuclear reactors

🇫🇮 ReOrbit is leading the Space Internet of Things with software-centric satellites

🇬🇧/🇺🇦 UK-Ukraine partnership boosts startups for dronetech innovation


🔭 European tech startups to watch

🇳🇴 Midio raises $660,000 for visual programming interface development

🇬🇧 Koalaa's life-changing soft prosthetics raise $1.2M funding

🇳🇱 Medtech startup Amazec Photonics secures €1.5M seed funding for clinical trials

🇮🇪 Amply secures £1.4M for AI-powered drug discovery platform

🇬🇧 Spacegoods raises £2.5M to expand mushroom-based wellness products

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